82
82
Nov 30, 2012
11/12
by
FBC
tv
eye 82
favorite 0
quote 0
peter: president obama and john boehner in front of cameras to make their cases in the battle over the fiscal cliff. the speaker said he is willing to move forward with negotiations in good faith after republicans rejected the president's first formal offer yesterday as being short on spending cuts, but it doesn't sound like anyone has put the brakes on the road to the coin. >> let's not kid ourselves. i am not trying to make this more difficult. i have been very guarded. i don't want to make it harder for me or the president or members of both parties to find common ground. >> this is not some run-of-the-mill debate, not about which political party can come out on top in negotiations and all of us get out of our comfort zones to make that happen. i am willing to do at and i am hopeful enough members of congress in both parties are willing to do that as well. >> the president's plan repeat his demand for $1.6 trillion over ten years on families making $250,000 a year and includes $400 billion in cuts, savings in medicare and medicaid and other entitlements over the same period. the pre
peter: president obama and john boehner in front of cameras to make their cases in the battle over the fiscal cliff. the speaker said he is willing to move forward with negotiations in good faith after republicans rejected the president's first formal offer yesterday as being short on spending cuts, but it doesn't sound like anyone has put the brakes on the road to the coin. >> let's not kid ourselves. i am not trying to make this more difficult. i have been very guarded. i don't want to...
101
101
Nov 30, 2012
11/12
by
FBC
tv
eye 101
favorite 0
quote 0
i don't get a sense from obama and boehner there is any compromise at this point. >> well, not now. this may be the week to shout at each other. maybe the it next two weeks are the weeks to get beyond shouting and come together. i think you're right on the dynamic. this in the end everybody seems to agree a deal with boehner. others are players. those are the two main players and they have to figure out how to get things done. tracy: like war of the roses. gerry seib, washington bureau chief of "the wall street journal." thank you, gerry. good stuff. >> thank you very much. ashley: coming up stunning new numbers where america's tax burden hits the hardest. liz macdonald will be here next with that story. tracy: ashley mentioned it earlier, drought conditions turning worse around the country. how will it impact your grocerisy bill if it isn't high enough? as we do every time this time of day see how oil is trading. up slightly. $88.91 a barrel. we'll be right back tracy: so president obama continuing to push tax hikes on the rich as part of the big fiscal cliff deal but will raising
i don't get a sense from obama and boehner there is any compromise at this point. >> well, not now. this may be the week to shout at each other. maybe the it next two weeks are the weeks to get beyond shouting and come together. i think you're right on the dynamic. this in the end everybody seems to agree a deal with boehner. others are players. those are the two main players and they have to figure out how to get things done. tracy: like war of the roses. gerry seib, washington bureau...
130
130
tv
eye 130
favorite 0
quote 0
what i would like to hear is less out of boehner and less out of obama. if i hear that there has been a call made to representative boehner to come and speak in the white house that they will get something done. then i will start thinking about getting out. nothing until then. adam: some people say if we go over the cliff, it really is ... we still have a month or two for congress to fix things. >> if we go over the fiscal cliff, it will be bad. it will be really bad for the market. ultimately, it will make its way out. we are not solving this cliff before the end of the year. we have come to gather. we have a framework. we are here and they are there, but we will meet somewhere in the middle. i think it will be bad for the market if they work behind the curve. adam: when do they jump in if we go over the cliff? >> waited out. you will know. the first three days, at that point, start looking at getting into positions. our economy is doing better. things are pointing to growth. hopefully washington will not screw this up. if you look at these solid compani
what i would like to hear is less out of boehner and less out of obama. if i hear that there has been a call made to representative boehner to come and speak in the white house that they will get something done. then i will start thinking about getting out. nothing until then. adam: some people say if we go over the cliff, it really is ... we still have a month or two for congress to fix things. >> if we go over the fiscal cliff, it will be bad. it will be really bad for the market....
990
990
tv
eye 990
favorite 0
quote 0
. >> a house aide said president obama and house speaker john boehner spoke on3 the phone yesterday afternoon, their first conversation a week and since republicans offered $800 billion in new tax revenue and more than a trillion dollars in spending cuts, republicans say they're still waiting on a counter offer from the white house. lori: i wonder if they're talking football. >> it got messy. melissa: the house may be sending the members home t for e president seems to think if they got down to business, it is an easy fix. melissa: we can probably solve this in about a week. melissa: piece of cake. he thinks it is too late to get anything done before the end of the year as both sides are too far apart on key issues. joining us now, financial economist at jefferies. we think it is too late, we're going over the cliff. how come? >> not enough time to address all the issues that need to be addressed. especially they will talk o on a phone only once per week. it has been some progress on the tax cut side in terms of tax reform that could raise a type of revenue that we are going to need, but as f
. >> a house aide said president obama and house speaker john boehner spoke on3 the phone yesterday afternoon, their first conversation a week and since republicans offered $800 billion in new tax revenue and more than a trillion dollars in spending cuts, republicans say they're still waiting on a counter offer from the white house. lori: i wonder if they're talking football. >> it got messy. melissa: the house may be sending the members home t for e president seems to think if they...